The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-02-10
MEmpH1s DAILY APpEAI--THURsDAY, FEBRUARY TO- 1887.

Manning, however, did not favor the
project at first, and 1t was her objec-
tions that caused the Secretary to
falter. She Ia young, beautiful and
accomplished, and was ambitious
of attaining social distinction
at the capital. She hsd become
great favorite in washington,
and naturally was reluctant to give up
the pleasures Of the fashionable world
of which she was distinguished orna-
ment. A study Of her husbands in
terests, however, compelled the lady
TO yield in the matter, and she did 30
with good grace. The new company
have signed lease for five years with
the Equitable Lie Assurance Com
pany from May next, and will occupy
the entire first floor on the northeast
corner Of the building. For this 1t will
pay $4,000 a year. Mr.. Manning, who
will not leave the Cabinet until alter
the adjournment OF Congress, will be
given two months trip abroad to ar
range the banks European exchanges,
and during his absence Mr.. Jordan
will act as president Of the bank and
Mr.. Csnda as vice president. Mr.. Man
ming is to receive q salary OF Sl6, 600
for the first year and percentage OF
the profits. After that new arrange
ments will be entered into. "The
Equitable Life Assurance Com
psny," said an old friend OF Mr..
Manning's to your correspondent,
twill not be the controlling
spirit OF the enterprise, as stated In a
sensational New York sheet today, nor
will it hold the same position to the
administration az did the First Ma
tional Bank OF New York, otherwise
know as Fort Sherman, to Republican
administrations. Moreover, 1t is the
expressed intention OF those directiug
the enterprise not to run the bank for
government purposes in any way,
much less make 1t an adjunct to the
administration As to the Equitable
running the bank, the only man OF
that company connected with it is
Henry B. Hyde, who will be one Of
the Board of Directors. 1t is not yet
known who all the investors are, but
il has been definitely ascertained on
the very best authority that Sydney
Dillon, William r. Grace, Marcellus
Hartley, SenCr Gargozi, John j. Nc
Cook, Henry B. Hyde, Congressman
William L. Scott, of r nsylvania
Washington Mclean and his son.
John r. Mclean, of the Cincinnati
Enquirer, are among the projectors oil
the enterprise.
SHERMAN Is oHIo's MAN.
A New York Star interview with an
Ohio statesman today contains the
statement that Sherman is sure to be
Ohio's only candidate in the coming
Presidential fight. Here is an extract
from the interview:
upon whom does Sherman chiefly
rely on at home"
'Ben. Butterworth, and pretty
strong he is too, he Is very popular
fellow, a good speaker, a man OF kind
ly instincts and of proven capacity II
affairs. The Republicans will proba
bly, run him for Governor and theI
send him to the Senate in the event o
Sherman's succession to the nationa
field. Sherman feels that he can trus
Butterworth, and besides he has grea
faith in his ability"
"Who are the Democrats likely q
nominate for Governor
"James E. Campbell is decided.
our strongest and most available man
Then he Is young, rich and ambitious
and wants to be Governor. Wit
Campbell and Butterworth leadin
the opposing bodies, an extraordinar.
interest would be awakened in tn
contest"
THE COMMITTEE ON FOREIGN AFFAIR
Several Democratic members OF tn
House Committee on Foreign AHail
a had an interview with the Presider
, today in connection with the rstalii
. tory fisheries legislation now pendin
4 In Congress. The interview was stric
! " confidential. The President sougt
!. to impress upon the members of III
!. committee the necessity Of maxim
very ear and free from ambiguity an
a measure rels ing to the subject OF til
! fisheries whichCongress might see ut
pass. II there was to be any legisl
ton on the subject, it should sta
d. finitely whether railroads and q
7, other carriers were to be included
the prohibition. While the PresideI
y did not commit himself to any legi
lation on the subject, the gentleme
!. present gathered fIom his remarl
. that as bet ween the two bills he I
= vored the House bill, for the reasc
u that it is more explicit and mandatol
= in its character.